Kaspersky firm identified a malware in SourceForge that is stealing cryptocurrency from users’ wallet addresses. It alerted the crypto community today, stating that the malware is present as Microsoft’s plugin. The incident reminds crypto users to employ security practices while transferring cryptocurrencies. Kaspersky is a seasoned cybersecurity firm that keeps
Scam Took Investors’ Money A South Korean court has sentenced three people to prison for crypto scam investors out of 610 million won (about $460,000). They tricked people by promising big profits from cryptocurrency investments. According to Chosun Ilbo, the Busan District Court, led by Judge Kim Yong-gyun, announced the
As the week inches to an end, the crypto market prices have once again retreated to consolidation. Similar to previous days, regulatory advancements are failing to translate into cryptocurrency prices, causing frustration. Meanwhile, new tokens have continued to crop up, drawing attention from the community. Notably, in January this year,
The United States District Court for the Western District of Virginia has issued a public alert in response to a surge of jury duty scams. The criminals are presenting themselves as court officials and are threatening people into making payments. In the form of Bitcoin, gift cards, or bank transfers
Cryptocurrency hacks have been far from reducing over the past months. Following a short dormancy during the end of 2024, the sector witnessed the huge Bybit hack in February. This hack occurred on February 22 and experienced a loss of $1.4 billion worth of funds. Particular investigators alleged that the
While the cryptocurrency market still hasn’t recovered, market activity has not been dormant. The crypto regulatory landscape has been spurring new developments and members have stayed active discussing speculations of the recent crash. One of the activities in the past week was former footballer Ronaldinho’s token launch. This new memecoin
The cryptocurrency world is still a haven for scams, with scammers always looking for new methods to deceive unsuspecting victims. The newest scam is in the form of fake job postings, luring potential applicants into downloading a malicious app named “GrassCall,” which is being used to steal sensitive information, including
A major crypto scandal has erupted in Argentina. Around $99 million worth of cryptocurrency was withdrawn from the liquidity pool of the Libra token ($LIBRA), raising concerns about insider involvement. Blockchain analytics firms Chainalysis and Nansen traced the withdrawals to wallets linked to the token’s creator. Chainalysis reported that eight
Crypto scammers and fraudsters always find new ways to exploit crypto investors and trading platforms. And, social media platforms are becoming like hubs for these scams. A recent report by Merkle Science found that social platforms X and YouTube are the top places where most of the crypto scams took
Popular artist Kanye West known for his super active presence on X special platform disclosed a possible crypto scam earlier today. Based on one of his posts, Kanye is trying to get in touch with Coinbase CEO Brian Armstrong, regarding crypto. By saying ‘No’ to a crypto scam offer, Kanye
